Businesses to get 3-year tax exemption under city proposal

Finally! It's nice to hear a good idea come from City Hall.

Dave from Granada Hills wrote:

Finally! It's nice to hear a good idea come from City Hall.

Except no new businesses are coming to Ca. Smoke and mirrors...

So all those new Medical Marijuana stores will now get tax breaks for creating 55,000 new jobs? Hhmmmm....thats cool.

Problem is most Los Angeles residents don't really want to work and have jobs...they want handouts and entitlements from the government.

So, lets see, I bet other cities will do the same
thing to "compete".

The effect, we "swap" businesses and two companies
move w/o paying taxes. If they do it right, they
may just have to do a paperwork version and not even
have to physically move their stuff.

Gee, took me 15 seconds to guess this will happen,
and I'm not even the guy who will do it.

3 years here and leave. Like transferring credit cards for the 0% interest rate until it expires and getting a new 0% card.
I do a little freelance graphics work on the side, never anything big, mainly for friends and not for much. Just a little fun money. But the POS city found out and went back 10 years and fined me over $1400 and made me get a business license. Total extortion, didn't get anything in return except threats to pay it. Worst city gov ever.

Sick and Tired wrote:

3 years here and leave. Like transferring credit cards for the 0% interest rate until it expires and getting a new 0% card.
I do a little freelance graphics work on the side, never anything big, mainly for friends and not for much. Just a little fun money. But the POS city found out and went back 10 years and fined me over $1400 and made me get a business license. Total extortion, didn't get anything in return except threats to pay it. Worst city gov ever.

There is an exemption to that tax that says you have to NET over $100,000. If you only did a "little work" on the side, appeal it until you get it dismissed. I have a few friends that got caught up in that money grab...but it requires some diligence.

Surly wrote:

Problem is most Los Angeles residents don't really want to work and have jobs...they want handouts and entitlements from the government.

You got a problem with that?
Can you please tell me WHERE the residents would turn down a handout?
Ft. Wayne ever have a disastrous flood (like in 1982 when the City took $56 million in Fed funds from Ronnie Ray Gun?)or a tornado or any sort of economic downturn?

The city of Santa Clarita has been doing this for years, LA will only do this for three years

hum maybe they can open another bakery or tortilla factory that hires only cheep illegal labor and the owners wont have to pay any tax's on anything anymore,sounds like L.A. city hall doing what it does best to help THERE FRIENDS...give money away so the guy next door will have to pick up the tab,pay a little more for the good of the city. this city needs jobs but not free loaders,o after 3 years tony will be gone anyways and look what he left-3rd world city-thanks tony la raza for a job well done

They the city just chase out and shut down all the newest "HOT" business out of L.A. city( the medical marajuana farmcys).. now THEY want more Suckers for new Start-ups company, The Cost factors in DOING Business start- ups in Kalifornia is almost nearly imposiable.

only business i see starting up in the city and can afford all high business cost is those Happy ending asian massages places

Watch them get money from small business using other sneaky methods.
Trust me these are bad people, not your friends don't fall for their tricks.

A 3 year exemption from L.A. business taxes... you KNOW that Mayor Tony and the City Council are getting desperate ! Of course the number of businesses that have been run out of town by Mayor Tony and the City Council due to onerous taxes and regulations is not so well publicized; Mayor Tony would prefer you not bring that subject up.

This tells me that you have really gotten business flying to get out of your city to offer this!

We are not bringing business to your state. We are boycotting you due to your sanctuary city policies. We won't even visit.

Got it now wrote:

The city of Santa Clarita has been doing this for years, LA will only do this for three years

Also the City of Santa Clarita does not have a tax on gross receipts, will LA match this.....Boycott LA

Surly wrote:

Problem is most Los Angeles residents don't really want to work and have jobs...they want handouts and entitlements from the government.

You're confusing us with Fort Wayne, IN.

Other 49 States wrote:

We are not bringing business to your state. We are boycotting you due to your sanctuary city policies. We won't even visit.

Can that go for Europe too? Maybe then I can find a campsite in the Federal parks located in CA.

City of Los Angeles sales tax 9.75%, Ventura County sales tax 8.25% boycott LA they're stillscrewing you